P13-43A (similar to Question Help The following information was taken from the records of Yang Motorsports, Inc. at November 30, 2018: E: (Click the icon to view the data.) Prepare a multi-step income statement for Yang Motorsports for the fiscal year ended November 30, 2018. Include earnings per share. Yang Motorsports, Inc. Income Statement Year Ended November 30, 2018 Data Table $ Selling Expenses Administrative Expenses Income From Discontinued Operations 140,000 125,000 $ 160,000 2.800 Cost of Goods Sold 470,000 Common Stock, $20 Par Value, 8,000 shares authorized and issued Preferred Stock, $7 No-Par Value, 2,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from Discontinued Operations 40,000 21,000 30,000 Treasury Stock-Common (1,000 shares) Net Sales Revenue 796,850 1,120 Net Income Print Done